Banco Latinoamericano De Comercio Exterior, S.A Announces Fourth Quarter 2016 Dividend, Payable on February 16, 2017
January 18, 2017 at 01:00 pm
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Banco Latinoamericano de Comercio Exterior, S.A. announced a quarterly cash dividend of $0.385 per share corresponding to the fourth quarter 2016. The cash dividend was approved by the Board of Directors at its meeting held January 17, 2017, and is payable February 16, 2017 to the Bank's stockholders as of February 1, 2017 record date.
Banco Latinoamericano de Comercio Exterior, S.A. (the Bank) is a specialized multinational bank. The Bank is established to support the financing of trade and economic integration in Latin America and the Caribbean. The Company operates in two segments: Commercial and Treasury. The Bank's Commercial segment incorporates all of the Bank's financial intermediation and fees generated by the commercial portfolio activities, such as origination of bilateral and syndicated credits, short- and medium-term loans, acceptances and contingent credits. The Bank's Treasury segment incorporates deposits in banks and all of the Bank's trading assets, securities available-for-sale and held-to-maturity, and the balance of the investment funds. The Bank serves a range of sectors, including oil and gas, agribusiness, food processing and manufacturing. Its products and services are categorized into three main areas: Financial Intermediation Business, Structuring and Syndications Business and Treasury.